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CISCEISC (Commerce) Class 12
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Syllabus

In figure given below, mark the equilibrium price, floor price and ceiling price.

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Question

In figure given below, mark the equilibrium price, floor price and ceiling price.

Very Short Answer
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Solution

  1. Equilibrium price OP2
  2. Floor price OP1
  3. Ceiling price OP3
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Q 15.
Chapter 6: Market Mechanism: Equilibrium Price and Quantity in a Competitive Market - TEST YOURSELF QUESTIONS [Page 120]

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Frank Economics [English] Class 12 ISC
Chapter 6 Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
TEST YOURSELF QUESTIONS | Q 15. | Page 120
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